Nestlé and its industry partners have invested CHF 1.3 million (USD 1.3 million) in a new food traceability system in Ethiopia. The initiative is expected to increase the nation’s coffee exports by allowing buyers to track the commodity’s ‘footprint’ to better ensure its quality and sustainability.
The Ethiopian Commodity Exchange (ECX) has launched the new CHF 4.5 million (USD 4.5 million) system, which covers over five million smallholder farmers who produce multiple commodities traded by ECX. Nestlé is backing the system, which is being piloted with coffee, through the Sustainable Coffee Program.
Read the full story on the Ethiopian Ministry of Agriculture website.